Current Health in Spectacular Exit With Best Buy Deal

US electronics giant Best Buy recently bought Scotland-based digital health platform Current Health. While the parties did not reveal the transaction details at the time of the deal, Current Health recently confirmed it received an all-cash consideration of $400 million.

Current Health confirmed the deal size during an earnings call recently. This $400 million consideration makes Current Health one of the most significant exits by a Scottish start-up in recent times. Furthermore, the deal also makes it the second-largest digital health exit in Europe.

The present deal comes after Current Health saw strong investor interest during earlier funding rounds. For its Series A funding round, it received $11.5 million. The Series A funding helped it recruit its US team. This included recru...

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